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Capitalisation of ac installation charges

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(Querist)
22 January 2018 Dear all
kindly suggest me that installation charges for AC will be capitalize or not if AC bill is separate.
only installation charge can be capitalize or not.
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CA Suresh Jain

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CA Suresh Jain (Expert)
22 January 2018 As per accounting standard the installation charges should be capitalised
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Renu Goyal

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Renu Goyal (Expert)
22 January 2018 yes it will be capitalised.




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